Queries
Dear All, Could any one light on how to calculate employee comensation as per Workman Compensation Act -1923... Prasad. Bangalore

22nd September 2010 From India, Bangalore

PARTICIPATING IN DISCUSSION:
Madhu.T.K
Industrial Relations And Labour Laws
R.N.Khola
Labour Laws & Ir
Ganesh Chavan
Hr Manager
Prasadu551@gmail.com
Freelancer Recruiter
Prasad.hrpg
Looking For Hr Executive Role
+1 Other

Dear Prasad,
Amount of compensation is calculated as per section 4 of the Employees' Compensation Act, 1923 & therefore go through this section for your query.
With Regards,
R.N.Khola
Skylark Associates, Gurgaon (Haryana)
(Labour Law Consultants)
(M)

23rd September 2010 From India, Delhi
1. Compensation In case of Death:Sec 4(1)(a) - 50% of monthly wages or an amount of 1, 20,000 which ever is more.
50 x Monthly wages x Relevant factor
-----------------------------------------------
100
And Rs.2500/- extra for funeral expenses u/s 4(4) by amendment of 2006
2. In case of Permanant Total Disablement:Sec 4(1)(b) - 60% of monthly wages or an amount of 1, 40,000/- whichever is more
60 x Monthly wages x Relevant factor
-----------------------------------------------
100
23rd September 2010 From India, Nasik
Dear Member,
Relevant factor is provided by schedule IV of the Employees Compensation Act, 1923.
R.N.KHOLA
Skylark Associates, Gurgaon (Haryana)
www.skylarkassociates.com/

16th April 2011 From India, Delhi
Please light me why should we calculate gross salary/1000*15....to pay a associate under this act... Regards Bikash Konwar
2nd May 2011 From India, Guwahati
Under Workmen's Compensation Act, compensation is calculated as follows:
1. For accidents resulting in death, an amount equal to fifty per cent of the monthly wages of the deceased workman multiplied by the relevant factor (based on the age of employee); or an amount of one lakh twenty thousand rupees, whichever is more
2. For permanent total disablement, an amount equal to sixty per cent of the monthly wages of the injured workman multiplied by the relevant factor, or an amount of one lakh forty thousand rupees, whichever is more.

Maximum wages for the purpose of calculation of compensation is fixed at Rs 8000. Therefore, 50%/ 60%, as the case may be the salary at the time of accident or death subject to a maximum of 8000 shall be multiplied by the relevant factor given below to calculate compensation.

Factors as per schedule IV

Completed Factor for Compl. year Factor for comp
year of age for comp. of age
not more than 16 228.54 Not more than 41 181.37
17 227.49 42 178.49
18 226.38 43 175.54
19 225.22 44 172.52
20 224.00 45 169.44
21 222.71 46 166.29
22 221.37 47 163.07
23 219.95 48 159.80
24 218.47 49 156.47
25 216.91 50 153.09
26 215.28 51 149.67
27 213.57 52 146.20
28 211.79 53 142.68
29 209.92 54 139.13
30 207.98 55 135.56
31 205.98 56 131.95
32 203.85 57 128.33
33 201.66 58 124.70
34 199.40 59 121.05
35 197.06 60 117.41
36 194.64 61 113.77
37 192.14 62 110.14
38 189.56 63 106.52
39 186.90 64 102.93
40 184.17 65 or more 99.37

The Act also provides that Medical expenses in connection with accident is to be to be met by the employer without any limit.
The Funeral expenses subject to a maximum of Rs 5000 is also to be paid to the dependents.

Regards,

Madhu.T.K
3rd May 2011 From India, Kannur
Dear Member, Welcome to CiteHR. As already told that chart of relevant factor is provided by schedule iv of Employees Compensation Act, 1923. R.N.KHOLA
4th September 2011 From India, Delhi
Hi members, Could anyone provide the calculations of Permanent Partial Disablement & Temporary Disablement(Total or Partial) of employees compensation act 1923?
7th November 2011 From India, Gurgaon
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